CHUX (O'Charley's Inc.)
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- mw4934 Portfolio 1
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Why I Love This Stock |
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By:supratrade |
Date:06 24 09 |
06/23/09 06/24/09 1 day $7.49 $7.19 -4.01% |
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By:barrons2 |
Date:01 05 08 |
Crescendo Partners believes that O'Charley's current stock price doesn't reflect the intrinsic value of the company's real estate and its opportunities to franchise new restaurants and refranchise company-owned restaurants. Crescendo has had unsatisfactory discussions with management regarding its views, board representation and strategic alternatives to maximize shareholder value, including a significant repurchase of shares, the sale-leaseback of the company's real-estate assets, a sale of the company's Stoney River restaurant concept, and the outright sale of the company. As a result, Crescendo has nominated four persons for election to the board at O'Charley's 2008 annual meeting. |
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By:Pro |
Date:11 30 -1 |
Upgraded by Avondale Partners from Mkt Perform to Mkt Outperform |
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By:Pro |
Date:11 30 -1 |
Downgraded by Thomas Weisel from Market Weight to Underweight |
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Why I Hate This Stock |
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